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Bitcoin News
Canadian crypto miner Hut 8 Mining announced yesterday that it would buy 12,000 new MicroBT mining machines for US$58.7 million from Inchigle Technology Hong Kong Ltd., as the mining company continues to expand its North American presence. Fast facts Hut 8 Mining said the new machines will represent an aggregate incremental production of 1.17 exahashes […]
Timmy Shen
Regulation
More industry players are exiting the Chinese mainland market amid tougher crackdown.
Timmy Shen
Bitcoin News
Bitcoin miners saw another mining difficulty adjustment on Tuesday, with an increase of 0.95%, according to data from BTC.com. Fast facts The mining difficulty level is now at 20.08 trillion at block height 705,600, reflecting the most difficult level since a previous adjustment on May 30, the data show. The latest adjustment follows six increases after four consecutive […]
Timmy Shen
Bitcoin News
Singapore-based Atlas Mining today announced that it is expanding its cryptocurrency mining operations in the United States in a multi-year hosting service agreement with Compute North, a U.S.-based cryptocurrency mining infrastructure provider. Fast facts The deal will see Compute North providing over 100 megawatts colocation capacity — enough to power a small city — for […]
Michelle Lim
Regulation
Hidden mining tracked by IP addresses to state agencies, enterprises, institutions, schools
Timmy Shen
Regulation
AntPool, currently the world’s second-largest Bitcoin mining pool in terms of real-time hashrate, announced today that it is stopping the connection of IP addresses from the Chinese mainland beginning Friday. Fast facts AntPool said in its statement it decided to make the adjustment to abide by the Chinese government’s relevant rules on crypto mining and […]
Timmy Shen
Bitcoin News
U.S., Kazakhstan, Russia take up largest Bitcoin hashrate shares as the exodus of Chinese miners continues.
Timmy Shen
Bitcoin News
Top blockchain and crypto news: Big money heads for Bitcoin. How fishy are Squid Game NFTs? China mothballs mining.
Forkast.News
Bitcoin News
Crypto miners in China may be under siege and driven out of business or forced to flee to friendlier shores. But one corner of the country’s crypto mining industry — the mining machine manufacturers — does not seem to be affected much. Chinese mining rig maker Bitmain, for example, has recently secured a deal with […]
Timmy Shen
Regulation
The country’s top economic planner hopes to prohibit investment in what it considers an energy-intensive sector.
Timmy Shen
